Economics · Standard Costing

A favourable labour efficiency variance may arise due to:

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Improved worker productivity beyond standard✓
2Excess idle time due to machine breakdown
3Use of lower-grade labour than planned
4Higher wage rate than standard

Correct answer

Improved worker productivity beyond standard

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A favourable labour efficiency variance may arise due to:

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